Research on the Balance Groups Mechanism for Improving the Operational Efficiency of Power System

The electricity market is of great significance for effectively balancing electricity supply and demand, promoting the consumption and utilization of new energy, and optimizing the allocation of electricity resources.It is a key carrier for the transition to clean and low-carbon energy system.This paper focuses on the research of the electricity spot market mechanism based on balance groups (BG).It analyzes the current development status of electricity spot markets in typical regions both at home and abroad.Considering the widespread participation of diverse market players such as distributed power supplies, energy storage systems, and virtual power plants, it designs a market operation mode and trading mechanism based on BG, and conducts example analysis based on actual operation data from power grids in typical regions.The research results show that the BG mechanism has significant advantages in reducing system operating costs and improving system operating efficiency, thus providing new ideas and methods for building a power grid that adapts to a high proportion of new energy access.

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Publication Details

Journal
Engineered Science
Published
2025-01-01
DOI
https://doi.org/10.30919/es1712
Primary Topic
Smart Grid and Power Systems
Type
article
Field-Weighted Citation Impact
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article

Research on the Balance Groups Mechanism for Improving the Operational Efficiency of Power System

Xingsheng Song, Ninghui Han, Jinghan He
Engineered Science
Smart Grid and Power Systems
article

Research on the Balance Groups Mechanism for Improving the Operational Efficiency of Power System

Xingsheng Song, Ninghui Han, Jinghan He
article en

Abstract

The electricity market is of great significance for effectively balancing electricity supply and demand, promoting the consumption and utilization of new energy, and optimizing the allocation of electricity resources.It is a key carrier for the transition to clean and low-carbon energy system.This paper focuses on the research of the electricity spot market mechanism based on balance groups (BG).It analyzes the current development status of electricity spot markets in typical regions both at home and abroad.Considering the widespread participation of diverse market players such as distributed power supplies, energy storage systems, and virtual power plants, it designs a market operation mode and trading mechanism based on BG, and conducts example analysis based on actual operation data from power grids in typical regions.The research results show that the BG mechanism has significant advantages in reducing system operating costs and improving system operating efficiency, thus providing new ideas and methods for building a power grid that adapts to a high proportion of new energy access.

Engineered Science
Openalex Percentile: Top 75%
Smart Grid and Power Systems
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